New England Patriots offensive lineman Matt Light and about 20 other star athletes loaned more than $8 million to a California real estate company that teamed up with Fidelity Investments and Citigroup Inc. to invest in apartment complexes before collapsing and filing for bankruptcy protection.
Light, Toronto Blue Jays ace Roy Halladay and Los Angeles Angels [...]
You’ve just received notice that you’re the benefactor of a sizable estate, but with this awesome gift comes the awesome responsibility of managing that money properly. What should you do? Where should you turn? From whom should you seek advice? It’s not hard to be overwhelmed when you’re looking to find unbiased financial advice to [...]
The panel’s recommendations were accepted by the government and formed the basis of the enactment of the Investments and Securities Decree No. 45 1999 by the regime of General Abdulsalam Abubakar. To address the criticism of the lack of statutory basis for the AHC under the new ISA 99, SEC was given the power to [...]
Ford Motor Co. said Friday it first learned that billionaire Kirk Kerkorian was interested in investing in the automaker in early April but was “completely unaware” that he had begun buying shares until later in the month.
Investment Guide In a government filing, Tracinda Corp. outlined an April 4 meeting between Ford Chief Executive Officer Alan [...]
Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) announced today that it expects to file with the Securities and Exchange Commission its report on Form 10-Q containing its third fiscal quarter results for the period ended March 31, 2008, by Monday, May 12, 2008. The Company expects to issue its earnings press release before the opening [...]
US alternative asset manager Angelo, Gordon has decided to buck the trend by listing a special purpose acquisition company while others were waiting for equity market conditions to improve.
The hedge fund, real estate and private equity manager, which has $15bn (€9.6bn) of assets under management, has set out to raise $300m for the Spac, the [...]
Eagle Bancorp, Inc. (the “Company”) EGBN, the parent company of EagleBank, today announced net income of $1.7 million ($0.17 per basic share and per diluted share) for the three months ended March 31, 2008, compared to $1.7 million ($0.18 per basic share and $0.17 per diluted share) for the three months ended March 31, 2007.
“We [...]
The Securities and Exchange Commission warned investors Tuesday that dozens of companies that solicit investment advice or brokerage services aren’t actually registered in the U.S. Investment Property and can’t legally offer those services.
The SEC named 37 firms it had received complaints about, including Golden Medallion Trading, which lists a Dallas address of 14001 N. Dallas [...]
Fidelity Management & Research’s gave its stamp of approval to Ambac Financial Group on Thursday, but the move was overshadowed by the revelation that JPMorgan Chase slashed its stake in the ailing bond insurer.
Fidelity Management & Research, acts as an investment adviser to Fidelity Investment’s family of mutual funds, and is Ambac’s largest shareholder.Investment Advice [...]
Jerry Sullivan, award-winning fund manager at American Century Investments, has made the most of an investment tip he got as an analyst at Fidelity Investments from famous investor Peter Lynch in the 1980s.
“On a sheet of rules for investing that he handed out, the first rule on when a stock was ripe to buy was [...]
